Yesterday, Crypto.com sent an official communication to all its users residing in EU countries announcing the delisting of USDT and other tokens.
Crypto com, one of the world’s largest cryptocurrency exchanges, has just announced it will delist Tether (USDT) on January 31, 2025. pic.twitter.com/mLVb9rvvQZ
— cryptothedoggy (@cryptothedoggy) January 28, 2025
The decision is linked to the new European crypto regulation, the MiCA, and to the fact that the issuer of USDT, Tether, is not recognized by the EU as an e-money issuer.
The communication from Crypto.com on the delisting of USDT in Europe
The exchange states that starting the day after tomorrow, Friday, January 31, 2025, some services on the platform will be interrupted for residents in the EU.
It does not specify exactly which services, except for the staking of ETH and SOL, but which are the tokens whose services will be interrupted.
Such tokens are: USDT, DAI, PYUSD (PayPal USD), PAX (Pax Dollar), PAXG (Pax Gold), WBTC (Wrapped Bitcoin), LCRO (Liquid CRO) and XSGD.
However, the communication makes explicit reference to the purchases of these tokens, without
We współpracy z: https://en.cryptonomist.ch/2025/01/29/crypto-com-will-delist-usdt-in-the-eu-the-implications-for-tether/